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Property profile & analytics
OFF-MARKET
Investment properties
1455 State St Schenectady, NY 12304-2822
Entity Owned
11-yr Hold
Free & Clear
Property ID
US63-0328472
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1984
Total area
1,677 SF
Lot
0.12 ac (5,250 SF)
Zoning code
05 - COMMERCIAL
APN
421500 49.68-4-59
UPID
US63-0328472
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Demia's Grocery & Deli Grocery & Convenience Store Food Market
-
Capital Hardwood Floors General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Schenectady · 11 yrs held
City Of Schenectady
since 2015
5 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Schenectady submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schenectady submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$92,600
Assessed 2023
Previous assessed
$92,600
+0.0% YoY
Assessed land
$16,300
Assessed improvement
$76,300
Land market value
$20,633
Improvement market value
$96,582
Total market value
$117,215
Applied tax rate
421,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1984
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
1,677 SF
Lot
0.12 ac (5,250 SF)
Zoning code
05 - COMMERCIAL
APN
421500 49.68-4-59
UPID
US63-0328472
Jurisdiction
SCHENECTADY
Zoning & alternative use
05 - COMMERCIAL · Schenectady, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schenectady. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
City Of Schenectady
Entity
Free & Clear · 11 yrs held
Mailing address
1455 STATE ST, SCHENECTADY, NY 12304-2822
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2015
$500
City Of Schenectady
Schenectady Urban Renewal Agcy
Quit Claim Deed
related
—
Jun 3, 2015
$12,000
Abdelrahman Ahmed
City Of Schenectady
Quit Claim Deed
related
$20,000 · City Of Schenectady
Feb 27, 2015
$500
Schenectady Urban Renewal Agcy
City Of Schenectady
Grant Deed
related
—
Aug 12, 2014
$500
City Of Schenectady
Degenova,deborah W
Grant Deed
related
—
Nov 12, 2013
$40,000
Banwari L Meena
Budram,rampersaud
Warranty Deed
$35,000 · Rampersaud Budram
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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